LPC News Releases

Productivity rises 3.6% in first-quarter 2019; unit labor costs fall 0.9% (annual rates)

05/02/2019

Productivity increased 3.6 percent in the nonfarm business sector in the first quarter of 2019; unit labor costs decreased 0.9 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 1.7 percent and unit labor costs increased 0.8 percent.
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Productivity rises in 18 of 28 selected service-providing industries in 2018

05/23/2019

Labor productivity rose in 18 of 28 service-providing industries in 2018. Output increased in 21 industries, while hours worked increased in 15 industries.
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Productivity declines in 69 of 90 detailed manufacturing and mining industries in 2018

04/23/2019

Labor productivity decreased in 67 of the 86 NAICS 4-digit manufacturing industries, while 2 of the 4 mining industries experienced gains in 2018. Growth in hours, coupled with declining output, led to a productivity decline for most industries.
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Productivity rises in 32 of 49 trade and food services industries in 2017

07/19/2018

Labor productivity rose in wholesale and retail trade and declined in food services and drinking places in 2017. Overall, productivity increased in 32 of 49 trade and food services industries studied.
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